Collapsed revenues, astronomical losses, red-hot cash-burn, hellish new debt. Meanwhile, amid craziest markets ever, airline shares soared.
Recent Items
Thursday, September 18, 2025
One Year After the Collapse of the Airline Business Began: What’s the Status Now?
Topics: Economic fundamentals, Guest Post, Investment outlook, Pandemic
Posted by Yves Smith at 4:59 am | 48 Comments »
Intellectual Property Cause of Covid Death, Genocide
Refusal to temporarily suspend several WTO intellectual property provisions to accelerate broad progress against the pandemic is genocide.
Topics: Banana republic, China, Free markets and their discontents, Globalization, Health care, Legal, Pandemic, Politics, Russia, Technology and innovation
Posted by Yves Smith at 3:59 am | 22 Comments »
2:00PM Water Cooler 2/8/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 120 Comments »
Myanmar Coup and Fast Fashion: Sanctions Would Harm Poor Textile Workers
Last week’s military coup has reduced Myanmar’s attractiveness as a source of supply for the fast fashion industry.
Topics: Global warming, Globalization, Guest Post, Income disparity, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 9:55 am | 8 Comments »
Links 2/8/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 155 Comments »
Goldman Is Evil But McKinsey Is Worse
Why the McKinsey veneer is looking tattier and tattier with every passing day, and why that’s not likely to change.
Topics: Banana republic, Banking industry, China, Credit markets, Economic fundamentals, Free markets and their discontents, Health care, Legal, Private equity, Regulations and regulators, Ridiculously obvious scams, Social values
Posted by Yves Smith at 6:37 am | 55 Comments »
‘Unbelievable,’ Says Sanders, That Some Dems Want to Further Limit Eligibility for Covid-19 Relief Checks
Sen. Bernie Sanders denounces Democrats who would narrow eligibility requirements for the next round of stimulus payments.
Topics: Banana republic, Guest Post, Income disparity, Pandemic, Politics, Social values, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 5:25 am | 79 Comments »
America, the Unreliable Superpower: Can Biden Shore Up Its Record?
Biden promises to go back to a US superpower old normal that was still a pretty unsettling ride for our allies.
Topics: Banana republic, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:11 am | 30 Comments »
Will 2021 Be the Year for the Right to Repair?
Will 2021 be the year that sees many states adopt a right to repair? Farmers may be the first to benefit, with digital consumers next.
Topics: Doomsday scenarios, Environment, Global warming, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 10 Comments »
Links 2/7/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 178 Comments »
Tim Berners-Lee’s Plan to Save the Internet: Give Us Back Control of Our Data
Tim Berners-Lee endorses data sovereignty, to give individuals the power to control their own data, to counter big tech’s overreach.
Topics: Guest Post, Politics, Regulations and regulators, Surveillance state, Technology and innovation
Posted by Jerri-Lynn Scofield at 6:25 am | 42 Comments »
Michael Hudson – Changes in Super Imperialism
Michael Hudson recaps his classic Super Imperalism and extends it to the 21st century struggle for dominance among the US, China, and Russia.
Topics: Credit markets, Currencies, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Politics, Privatization, The dismal science, UK
Posted by Yves Smith at 6:10 am | 69 Comments »
Negative Interest Rates Are Coming, but There Is No Chance That They Will Work
Negative interest rates: a bad idea that some central banks still can’t resist.
Topics: Banana republic, Banking industry, Credit markets, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, The dismal science, UK
Posted by Yves Smith at 5:36 am | 78 Comments »
2:00PM Water Cooler 2/5/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 131 Comments »